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Cutter Cow Cutout & Boxed Cow Cuts-Negotiated - Afternoon

Past Market Reports

Report Date: 5/22/2017

LM_XB405
Des Moines, IA                 Mon, May 22, 2017                USDA Market News

NATIONAL 5-DAY ROLLING CUTTER COW CUTOUT AND BOXED COW BEEF CUTS
USDA ESTIMATE CUTTER COW CARCASS CUT-OUT VALUE - Negotiated Sales - Afternoon

Based on negotiated prices and volume of cow cuts delivered within 0-21 days
and on average industry cutting yields.  Values reflect U.S. dollars per 100
pounds.

                                   Cutter 90%
                                    350#/up
--------------------------------------------------------------------------------
Current-Cutout Value:               $176.65
Change from prior day:                $0.26
--------------------------------------------------------------------------------
Item                                          Price          Value        Change
90% lean                                    $226.73        $126.61       ($0.14)
100% lean inside round                      $300.74          $6.98       ($0.06)
100% lean, flats and eyes                   $253.58          $5.88         $0.12
100% lean, S.P.B.                           $244.31         $12.22         $0.10
Chuck Tender                                $238.98          $2.39         $0.02
Knuckle                   4-7 lbs.          $263.42          $6.66         $0.21
Tenderloin                2-3 lbs.          $403.91          $2.14         $0.02
Tenderloin                3-4 lbs.          $501.42          $3.71         $0.01
Ribeye Roll               4-6 lbs.          $261.49          $2.75         $0.01
Ribeye Roll               6-8 lbs.          $288.65          $2.14         $0.02
Ribeye Roll               8up lbs.          $308.00          $2.25         
Flank Steak                                 $310.75          $1.31         $0.02
Kidney, Edible                               $15.67          $0.07         
Fat, inedible                                $20.94          $0.49         
Bone                                          $4.39          $1.05       ($0.07)
--------------------------------------------------------------------------------
USDA NATIONAL BOXED COW BEEF CUTS - NEGOTIATED SALES   FOB Plant basis
negotiated sales for delivery within 0-21 day period.

CURRENT VOLUME - (one load equals 40,000 pounds)

Boner/Breaker Cuts                 24.69  loads --              987,580  pounds
Cutter/Canner Cuts                  2.04  loads --               81,577  pounds
Boner/Breaker/Cutter/Canner        18.20  loads --              728,154  pounds
100% Lean Items                    13.90  loads --              555,838  pounds
Frozen Cuts                         2.13  loads --               85,309  pounds
--------------------------------------------------------------------------------
IMPS      Sub-Primal                       # of    Total   Weighted  Change from
                                          Trades   Pounds  Average   Prior Day
--------------------------------------------------------------------------------
BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.               9   14,438   $292.70       $0.25
112   Rib, ribeye roll, 8-10 lbs.             46   66,761   $295.46     ($0.32)
112   Rib, ribeye roll, 10-up lbs.            88  117,702   $324.14       $1.13
112A  Rib, ribeye roll-lip-on, 8-dn lbs.      15   19,344   $450.14       $7.44
112A  Rib, ribeye roll-lip-on, 8-up lbs.
      Chuck, boneless 85%                      9   13,612   $188.19    ($18.91)
120   Chuck, brisket                          29   68,880   $201.82       $0.85
168   Round, top inside, 10-dn lbs.            6   10,190   $233.27     ($4.78)
168   Round, top inside, 10-up lbs.           12   29,279   $253.47     ($0.91)
169A  Round, top inside c-off, 8-10 lbs.
169A  Round, top inside c-off, 10-14 lbs.     38  387,952   $290.36     ($0.52)
169A  Round, top inside c-off, 14-up lbs.      5   35,436   $288.22       $0.66
171B  Round, outside round                     6    8,231   $263.36       
171C  Round, eye of round                     51   41,827   $247.61       $1.72
      Loin, Semi-Bnls Short Loin, 13-dn lbs.            
      Loin, Semi-Bnls Short Loin, 13-up lbs.            
180   Loin, strip, bnls, 7-9 lbs.
180   Loin, strip, bnls, 9-up lbs.            20   51,222   $314.56       $9.05
182   Loin, sirloin butt                                
184   Loin, top sirloin butt                  23   39,028   $249.67     ($0.19)
185A  Loin, bottom sirloin butt flap, bnls.   42   68,631   $369.52       $0.30
191A  Loin, butt tender, peeled                         
CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.               4   15,554   $257.01       $3.37
112   Rib, ribeye roll, 6-8 lbs.              34   61,073   $288.65       $2.27
112   Rib, ribeye roll, 8-up lbs.
100% LEAN
      Inside round - Combo                     7  102,184   $296.55       $1.47
      Inside round - Boxed                    25   57,650   $308.16     ($1.94)
      Outside round                            5   23,573   $247.41     ($3.82)
      Eye of round                            17   44,354   $260.63       $1.95
      Flats and eyes - Combo
      Flats and eyes - Boxed                            
      Striploin                               72  248,077   $286.96       $0.32
      S.P.B. - Combo                           7   60,000   $244.31       $1.87
      S.P.B. - Boxed                                    
BONER/BREAKER & CUTTER/CANNER
116B  Chuck, chuck tender                     36  108,281   $238.98       $1.97
167A  Round, knuckle, peeled                   8   24,298   $263.42       $8.49
190   Loin, tenderloin, 2-3 lbs.              15   20,415   $403.91       $3.01
190   Loin, tenderloin, 3-4 lbs.              38   76,357   $501.42       $2.04
190   Loin, tenderloin, 4-5 lbs.             159  254,431   $531.76       $3.81
190   Loin, tenderloin, 5-up lbs.             32   54,487   $531.80       $3.15
193   Flank, flank steak                      89  105,841   $314.72       $2.31
      Flank, rough                            57   84,044   $250.18     ($2.78)
FROZEN BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.
112   Rib, ribeye roll, 8-10 lbs.              9   29,575   $277.07       $0.60
112   Rib, ribeye roll, 10-up lbs.                      
112A  Rib, ribeye roll-lip-on, 8-dn lbs.                
112A  Rib, ribeye roll-lip-on, 8-up lbs.                
169A  Round, top inside c-off, 8-10 lbs.                
169A  Round, top inside c-off, 10-14 lbs.               
169A  Round, top inside c-off, 14-up lbs.               
180   Loin, strip, bnls, 7-9 lbs.                       
180   Loin, strip, bnls, 9-up lbs.             5    9,932   $273.03       
FROZEN CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.
112   Rib, ribeye roll, 6-8 lbs.                        
112   Rib, ribeye roll, 8-up lbs.                       
FROZEN BONER/BREAKER & CUTTER/CANNER
190   Loin, tenderloin, 2-3 lbs.                        
190   Loin, tenderloin, 3-4 lbs.                        
190   Loin, tenderloin, 4-5 lbs.
190   Loin, tenderloin, 5-up lbs.                       
193   Flank, flank steak                       6   11,130   $273.00       $8.57
--------------------------------------------------------------------------------
Source:    USDA Livestock, Poultry & Grain Market News Division, Des Moines, IA
           515-284-4460      email:  desm.lpgmn@ams.usda.gov
           24 Hour recorded market information 515-284-4830
           www.ams.usda.gov/market-news/livestock-poultry-grain
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